USA hiring outlook strong for second quarter: ManpowerGroup

14/03/2019

The survey also points to the best job prospects in South Florida: manufacturing, information, financial activities, professional and business services, education and health services, leisure and hospitality, other services and government. "However, this quarter we are seeing signs that the good times are coming to an end as several sectors have turned negative".

Hick continues: "The Finance and Business Services sector employs around six million people and includes the likes of lawyers, bankers, architects and estate agents". A five percentage-point improvement was seen in this sector.

"Ultimately the biggest piece of insight I can give is for job seekers to understand the skills gap, understand that there is work out there, but understanding what you're skill set versus what's skill set that's needed and bridging that gap", Borhot said. Take Bank of America, which recently revealed that it has spent $400m on moving employees and operations to Dublin and Paris, in preparation for Brexit. A massive £30bn has already been paid out requiring enormous amounts of administration and creating tens of thousands of jobs.

And Vancouver companies aren't looking to lighten their loads. Elsewhere, Kwazulu Natal employers anticipate some workforce gains with an Outlook of +5%, but Eastern Cape employers report uncertain hiring plans with an Outlook of -1%. "This is evident in the results, with the large majority of employers reporting no change to their hiring schemes in the coming quarter".

Hiring intentions improve by 8 percentage points in Free State when compared with the previous quarter, while Kwazulu Natal employers report an increase of 4 percentage points. A considerable decline of 16 percentage points is reported for the Restaurants & Hotels sector, while Outlooks are 10 and 6 percentage points weaker in the Manufacturing sector and the Transport, Storage & Communications sector, respectively.

Ten out of the UK's 12 regions report a fall in confidence since last quarter.

In a year-over-year comparison, Outlooks weaken in four of the five regions.

The report shows Greek employers as being quite optimistic about the next few months, with the total employment prospects index pointing to an increase of 21 percent, which would represent an 11-year peak. It is the most comprehensive, forward-looking employment survey of its kind and is used as a key economic statistic by both the Bank of England and the United Kingdom government.

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